Sotherly Hotels Q1 Adj. FFO $0.26 Beats $0.21 Estimate, Sales $46.55M Beat $45.80M Estimate

Sotherly Hotels (NASDAQ:SOHO) reported quarterly FFO of $0.26 per share which beat the analyst consensus estimate of $0.21 by 23.81 percent. This is a 8.33 percent increase over FFO of $0.24 per share from the same period last year. The company reported quarterly sales of $46.55 million which beat the analyst consensus estimate of $45.80 million by 1.64 percent. This is a 7.04 percent increase over sales of $43.49 million the same period last year.